The WeekendInvesting Newsletter is a daily newsletter that summarizes all the stories we cover during the day(market nuggets), including the daily byte that we shoot every evening. This newsletter will be delivered to your email every evening on market days, providing you with a wealth of market-related information. The newsletter includes both summaries and long-form blogs for all the market nuggets covered. These blogs are also link.

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Nifty on the Daily Chart

We are now entering the last week of the year, and in many ways, this has been a rather underwhelming year for equity markets. Expectations were high coming into the year, but equities have largely failed to deliver exciting returns. That said, this is not unusual. Markets move in cycles, and it often takes a full market cycle for average long-term returns to materialise. In that context, there is no real damage done. In fact, what we have witnessed is a long phase of consolidation, stretching almost a year and a half since August–September of last year. Such prolonged consolidation phases often act as the base for the next meaningful leg up, even if that takes more time than investors would like.

While equities have struggled to excite, this year has unmistakably belonged to precious metals. Gold, silver, platinum, and even copper have delivered strong and in some cases explosive moves. This surge in hard assets is also a reflection of how over-financialized the global system has become over the last five decades, where financial instruments were prioritized while real assets were ignored. That imbalance is now correcting. A key reason behind this shift is the growing belief that interest rates are unlikely to rise meaningfully, especially with a new Federal Reserve chairman expected and a political mandate that clearly favors lower rates.

This creates a deeply conflicted macro backdrop. Bond markets want interest rates to rise because demand for U.S. Treasuries from foreign governments has weakened significantly. If fewer countries are buying these bonds, yields logically need to move higher. On the other hand, political forces want rates to come down to support growth and manage debt burdens. This tug-of-war is being resolved, at least temporarily, by injecting liquidity into the system. That is precisely what precious metals are signaling. When silver jumps nearly 10% in a single session, it is not just momentum — it is a sign of stress beneath the surface of the financial system, raising questions about stability and trust.

Nifty – Weekly Chart Perspective

Nifty 50 was up just 0.29% for the week, effectively a flat outcome in what was also a short trading week. Over the past month, the index has made multiple attempts to break above its previous highs but has failed each time. However, the encouraging part is that the market continues to consolidate very close to those highs, suggesting supply is getting absorbed. Often, markets do not collapse from such zones — they pause, build energy, and then eventually break higher with one decisive push.

It is also worth noting that if markets were meant to fall sharply, there have been more than enough triggers over the last nine months to cause meaningful damage. Yet, prices have held up remarkably well. This points to a positive undercurrent, driven largely by domestic participation. Even though foreign investors remain cautious, local demand for Indian equities has been steady. That does not eliminate the risk of a correction — markets always carry downside risk — but hovering near the highs for six straight weeks increases the probability of an eventual breakout rather than a breakdown.

S&P 500 Overview

S&P 500 gained 1.4% this week and closed at an all-time high, despite ongoing concerns around the U.S. economy. This again highlights how markets can detach from traditional fundamental narratives. When large amounts of liquidity are injected into the system, asset prices tend to rise regardless of economic discomfort. The gap between earnings-based valuation logic and price action continues to widen, largely because too much capital is chasing too few liquid assets.

GOLD Overview

The real standout this week, once again, was gold and silver, both rising 4.69%, with gold closing at ₹13,862 per gram. To put this move in perspective, gold was trading near ₹7,550 at the same time last year. That is a near 60–70% rise in just twelve months, a move that cannot be ignored. This kind of price action is not speculative froth — it reflects structural shifts in how global capital is seeking safety.

Dollar Index Overview

Dollar Index weakened by 0.67%, showing early signs of softness, though it has not decisively broken down yet. A sustained decline in the dollar would further support commodities, precious metals, and emerging markets, but confirmation is still pending.

Global Indices Overview

Looking at global markets in dollar terms, activity was muted across the board. Australia stood out with gains of around 3.3%, followed by Japan at 1.9%, while most other markets delivered marginal returns of 0.5–1%. This quietness is typical for the holiday season, with Christmas and year-end reducing participation and volatility.

Global Momentum

In the global momentum rankings, Canada, Japan, and Brazil continue to occupy the top slots, while Nifty and Hang Seng remain near the bottom, reflecting relative underperformance rather than absolute weakness.

Benchmark Indices Overview

On the domestic front, small caps gained 1.26%, while most other benchmark indices remained flat, reinforcing the theme of selective participation rather than broad-based rallies.

Sectoral Overview

From a sectoral standpoint, defense, metals, and public sector enterprise stocks showed a comeback this week. With the Union Budget less than five weeks away, expectations are starting to build around potential policy support, especially for defense, PSU enterprises, and PSU banks. Historically, anticipation itself often drives price action ahead of budget announcements.

From a sectoral momentum perspective, metals and commodities continue to dominate leadership. Autos are holding their ground, while real estate has slipped to the bottom of the rankings. Media, tourism, and energy remain weak, though there are early signs of short-term stabilization. Defense has also moved up meaningfully over the last week, indicating early rotation, but for now, metals and commodities remain the clear leaders.

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We are now live on our official WhatsApp Channel. We have been sharing all our strategy updates, rebalances, and important announcements here. Please watch this video to know more & join in at the earliest possible.

Because it’s simpler, faster, and right where you already are — WhatsApp makes staying updated effortless.
Stay updated with:

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Introducing All Seasons

Markets reward patience — but rarely make it easy.
Even index investors — owning India’s top 50 companies through the Nifty 50 — struggle to stay the course. Drawdowns hurt, flat markets drain conviction, and emotions often break compounding faster than crashes do.

That’s exactly why we built All Seasons — a simple, rule-based strategy that helps you stay invested through every phase of the market by dynamically balancing between Nifty 50 (for growth) and Gold (for stability).

📈 Growth — Nifty 50
Own India’s strongest 50 companies — the backbone of our economy. Participate in the nation’s long-term growth story without picking stocks or timing entries.

🛡️ Stability — Gold
Crises strike without warning. Gold rises when equities stumble — acting as your portfolio’s natural hedge and emotional anchor.

⚙️ The Engine Behind It
All Seasons shifts allocations every fortnight based on market conditions:

• When equities run hot, exposure trims automatically.
  
• When they’re beaten down, the system increases weight.
  
• Gold moves in the opposite direction — balancing every phase.
  

No guesswork. No emotion. No fear of missing out — just a calm, intelligent portfolio that adapts to markets for you.

Who is this for?
✅ Index investors who want smoother participation
✅ New investors who prefer ETFs over stock-picking
✅ Professionals who can’t invest in direct equities
✅ Seasoned investors looking to add stability to their core
✅ Anyone who wants to stay in control without daily decisions

Price: ₹4,999 per year
Recommended Capital: ₹2–30 lakh

Introducing Mi Allcap GOLD

Mi Allcap GOLD is designed for investors who want broad equity exposure with a built-in hedge. It combines:

25% Large Caps – for stability

25% Mid Caps – for growth

25% Small Caps – for alpha

25% Gold ETFs – as a permanent hedge

Mi AllCap GOLD follows a rules-based, momentum-driven approach to select the strongest stocks in each segment. The portfolio is rebalanced monthly to ensure it stays aligned with market leadership — with no human discretion involved.

Why Mi AllCap GOLD?

All-in-one exposure to all equity tiers + gold
Rebalance Frequency : Monthly
Momentum Style : Rotational

Whether you’re just starting your wealth journey or looking to anchor your core portfolio, Mi AllCap GOLD offers a powerful blend of momentum, diversification, and downside protection.

Don’t just diversify — balance wisely.

Rebalance Update

We give advance notice here on the upcoming changes in your smallcase for Monday. This advance notice can be used to ignore Monday’s update if there is no change. If there is a change indicated you

Note: We are not including LIQUIDBEES as an ADD or an EXIT count.